Yashika Jain, National Law University, Delhi.
A recent move by the US to mobilise funds for the two major dams that Pakistan has been striving to build has left India unsettled. U.S. hailed this infrastructure project as Pakistan’s “smartest choice” for economic development and has pledged to extend its support in funding the same. The two dams, Diamer-Bhasha Dam and the Dasu Dam are gravity dams, which are still in the preliminary stages of construction due to the series of controversies and lack of funds. Diamer-Bhasha Dam is proposed to be built on the River Indus in Gilgit-Baltistan, Pakistan. Its foundation stone was laid by Prime Minister Yusuf Raza Gilani of Pakistan on 18 October, 2011 and majority of the funding is being provided by Aga Khan Development Network. (more…)